Embraer Receives American Airlines Order for up to 150 Aircraft

Embraer Receives American Airlines Order for up to 150 Aircraft
PR Newswire
SAO JOSE DOS CAMPOS, Brazil, Dec.12, 2013
SAO JOSE DOS CAMPOS, Brazil, Dec.12, 2013 /PRNewswire/ -- Embraer announced
today that it has received a firm order for 60 E175 jets from American
Airlines, Inc. The contract also includes options for another 90 E175s, taking
the total order potential up to 150 aircraft. The firm orders, which have a
value of USD 2.5 billion at list price, will be included in Embraer's 2013
fourth-quarter backlog.
"We are delighted with this remarkable order from American Airlines, one of
the most respected and renowned airlines worldwide. American achieved
impressive results with the ERJ 145 aircraft family, and we are sure that will
continue with the E175, the most fuel efficient, cost effective, and passenger
friendly 76 seater in the market today - which makes the E175 the clear choice
of North American airlines, and proven with hundreds of orders this year,"
said Paulo Cesar Silva, President & CEO, Embraer Commercial Aviation. "Embraer
is honored to provide the new American with the E175, and it is committed to
supporting the development of the new airline, to which we wish great
success."
American Airlines will configure the E175s with 12 First Class, 20 Main Cabin
Extra and 44 Main Cabin seats, with a total of 76 seats. The delivery of the
first aircraft is scheduled for the first quarter of 2015.
"It's been an exciting week for American Airlines," said Kenji Hashimoto,
American Airlines Senior Vice President – Regional Carriers. "Now that we've
closed our merger with US Airways, we can deliver a top tier regional product
that offers a First Class cabin, Main Cabin Extra and in-flight Wi-Fi –
important elements of an improved flying experience for our customers. These
new regional jets are also a big win for our employees at our wholly owned
subsidiary, and will greatly improve economic efficiencies by lowering
operating costs."
During 2013, including this order from American Airlines, Embraer has received
firm orders and options for more than 700 E-Jets from U.S. airlines for both
current-generation and the E-Jets E2s.
As the leader in the 70 to 130-seat segment, Embraer continues to invest in
the E-Jets family, which is flown by some 65 airlines from 45 countries. The
Company has begun implementing a series of enhancements to the E175, including
new wingtips, systems optimization, and aerodynamic refinements that will
lower fuel burn by up to 5%. Longer maintenance intervals and component
improvements will increase aircraft productivity and lower maintenance costs.
About American Airlines Group
American Airlines Group (NASDAQ: AAL) is the holding company for American
Airlines and US Airways. Together with American Eagle and US Airways Express,
the airlines operate an average of nearly 6,700 flights per day to 339
destinations in 54 countries from its hubs in Charlotte, Chicago, Dallas/Fort
Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix and Washington,
D.C. American's AAdvantage and US Airways Dividend Miles programs allow
members to earn and redeem miles for travel and everyday purchases as well as
flight upgrades, vacation packages, car rentals, hotel stays and other retail
products. American is a founding member of the oneworld^® alliance, whose
members and members-elect serve 981 destinations with 14,244 daily flights to
151 countries. Connect with American on Twitter @AmericanAir or
Facebook.com/AmericanAirlines and follow US Airways on Twitter @USAirwaysand
on Facebook.com/USAirways.
About Embraer Commercial Aviation
Embraer is the world's leading manufacturer of commercial jets that seat up to
130 passengers. Nearly 900 aircraft from the 37, 44 and 50-seat ERJ 145 family
of regional jets have been delivered to airlines since their introduction in
1996. The E-Jets family includes four larger aircraft that have between 70 and
130 seats. The E170, E175, E190 and E195 set the standard in their category
with their advanced engineering, high degree of efficiency, spacious,
ergonomic cabins with two-by-two seating, and attractive operating economics.
Since E-Jets entered revenue service in 2004, Embraer has received more than
1,350 firm orders for the aircraft family. More than 1,000 have been
delivered. Some 65 airlines from 45 countries are currently flying E-Jets or
have confirmed future deliveries. The aircraft are flying in low-cost,
regional and mainline business applications.
In 2013, Embraer launched E-Jets E2, the second generation of its E-Jets
family of commercial aircraft comprised of three new airplanes – E175-E2,
E190-E2, E195-E2 – seating from 70 to 130 passengers. The E190-E2 is expected
to enter service in the first half of 2018. The E195-E2 is slated to enter
service in 2019 and the E175-E2 in 2020.
Follow us on Twitter: @EmbraerSA
Note to Editors
Embraer S.A. (NYSE: ERJ; BM&FBOVESPA: EMBR3) is the world's largest
manufacturer of commercial jets up to 130 seats, and one of Brazil's leading
exporters. Embraer's headquarters are located in São José dos Campos, São
Paulo, and it has offices, industrial operations and customer service
facilities in Brazil, China, France, Portugal, Singapore, and the U.S. Founded
in 1969, the Company designs, develops, manufactures and sells aircraft and
systems for the commercial aviation, executive aviation, and defense and
security segments. It also provides after sales support and services to
customers worldwide. For more information, please visit www.embraer.com.br.
This document may contain projections, statements and estimates regarding
circumstances or events yet to take place. Those projections and estimates are
based largely on current expectations, forecasts on future events and
financial tendencies that affect Embraer's businesses. Those estimates are
subject to risks, uncertainties and suppositions that include, among others:
general economic, political and trade conditions in Brazil and in those
markets where Embraer does business; expectations on industry trends; the
Company's investment plans; its capacity to develop and deliver products on
the dates previously agreed upon, and existing and future governmental
regulations. The words "believe", "may", "is able", "will be able", "intend",
"continue", "anticipate", "expect" and other similar terms are supposed to
identify potentialities. Embraer does not feel compelled to publish updates
nor to revise any estimates due to new information, future events or any other
facts. In view of the inherent risks and uncertainties, such estimates, events
and circumstances may not take place. The actual results can therefore differ
substantially from those previously published as Embraer expectations.
CONTACTS:
Headquarters (Brazil)
Rosana Dias
rosana.dias@embraer.com.br
Cell: +55 12 9724 4929
Tel.: +55 12 3927 1311
Fax: +55 12 3927 2411
North America
Robert Stangarone
rstangarone@embraer.com
Cell: +1 954 260 9939
Tel.: +1 954 359 3101
Fax: +1 954 359 4755
Europe, Middle East and Africa
Herve Tilloy
herve.tilloy@embraer.fr
Cell: +33 6 0864 3545
Tel.: +33 1 4938 4530
Fax: +33 1 4938 4456
China
Mirage Zhong
mirage.zhong@bjs.embraer.com
Cell: +86 138 1191 8053
Tel.: +86 10 6598 9988
Fax: +86 10 6598 9986
Asia Pacific
Nilma Missir-Boissac
Nilma.boissac@sin.embraer.com
Cell: +65 9012 8428
Tel.: +65 6305 9955
Fax: +65 6734 3908
SOURCE Embraer S.A.
Website: http://www.embraer.com.br